As the Spring Festival approaches, large and small units are entering the peak period for annual bonuses. Employees in various units are joyfully calculating how to spend the annual bonus, and they are also distressed by the high taxes that annual bonuses have to pay. Tax professionals say that if the planning is reasonable, annual bonuses can save a lot of tax money. For example, an employee of a company earns 10,000 yuan a month, and the company pays him last year’s year-end bonus of 40,000 yuan in January. According to the tax law, “An individual who receives a few months’ bonus or year-end salary increase and labor dividend at a time can be calculated and taxed separately as one month’s salary income. Since the monthly salary income tax has been deducted on a monthly basis, the above bonus will no longer be deducted in principle, and the full amount will be used as the taxable income to calculate the taxable amount directly at the applicable tax rate “. If the annual bonus is paid in one lump sum, the personal income tax payable by the employee’s annual bonus is: 40,000 * 30% -3375 = 8625 yuan. Tax professionals said that the current reasonable tax avoidance method is not to pay the annual bonus in one lump sum, but to spread the annual bonus equally to the middle of the previous year. Similarly, for example, a company employee’s monthly salary is 10,000 yuan. In January, the company issued him a year-end bonus of 40,000 yuan, which is evenly distributed to the middle of each month, which is 3333 yuan. The applicable tax rate is 15%. The quick deduction is 125 yuan. The annual bonus tax payable is 40000 * 15% -125 = 5875 yuan. From this calculation, 8625-5875 = 2750 yuan can be saved. It can be seen from the above calculation that the annual bonus is evenly distributed to the middle of each month, and the personal income tax paid is lower than the one-time payment. Another method can often be used at the same time as the above method, that is, the issuance of securities, gifts, shopping vouchers, etc. For example, in some joint-stock enterprises, the company will distribute shares to outstanding employees at the end of the year to participate in the company’s dividend. According to the tax law, the income from interest, dividends and bonuses is subject to a proportional tax rate of 20%. Even if the tax is paid, it is much lower than the 30% proportional tax rate applicable to the annual bonus of 40,000 yuan. However, tax professionals say that it is best to convert the securities and gifts issued by the unit into personal income according to the market price and pay personal tax. Otherwise, if it is found in the future audit, the tax will be paid and punished. There are also some special industries where the annual bonus can be taxed as other income. For example, the editor of a publishing house counts the annual bonus as manuscript fee. For example, an editor of a publishing house receives an annual bonus of 40,000 yuan, which is counted as manuscript income. According to regulations, if the income from royalties does not exceed 4,000 yuan each time, the fee will be deducted by 800 yuan; if it exceeds 4,000 yuan, the fee will be deducted by 20%, and the tax rate will be 20%. The balance is the taxable income. According to relevant state regulations, the manuscript fee can be reduced by another 30% according to the tax payable. From this calculation, the editor’s annual bonus payment tax of the publishing house is 40,000 × (1-20%) × 20% × (1-30%) = 4480 yuan. Compared with the one-time tax payment, 8625-4480 = 4145 yuan can be saved.